Yesterday was a very busy day for Google, with the announcement of two new products and a new version of an existing product:
Google Video for Businesses is a new addition to Google Apps Premier Edition that allows organizations to share videos for training and informational purposes. I believe that this sort of service would probably work better for large organizations than it would small ones.
A new version of Picasa is out with some nice new features. Picasa Web has also gotten a face lift with a few new features as well. I wish that Google would come out with Picasa for Mac. iPhoto is nice and all, but does lack some things that are handled better by Picasa.